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Variable Frequency Drive Market Size and
Forecast Report Up To 2020: Radiant Insights,
Inc
Outlook of the global variable frequency drives market
This market research analyst predicts the global variable frequency drives (VFD) market to grow steadily
at a CAGR of nearly 8% by 2020. The need for manufacturers to optimize their manufacturing processes
and cut operational costs by reducing energy consumption is the primary growth driver for this market.
The prospects for growth in this market are impelled by the growing preference for electric motors in
household appliances, automobiles, aerospace, industrial, and other transportation equipment over
mechanical and hydraulic motors.
In terms of geography, the APAC region will be the largest market for VFDs during the predicted period.
The growth of the chemical processing and manufacturing industries coupled with the significant growth
of other industries like power, infrastructure, automobile production, and hydrocarbons will result in this
regions impressive market share of more than 56% by 2020.
Complete Report Available @ http://www.radiantinsights.com/research/global-variable-frequencydrive-market-2016-2020
Product-based segmentation of the VFD market
AC
DC
Servo
The AC drives segment currently dominates the market and is envisaged to further enhance its hold over
the market by 2020 owing to its extensive utilization in all types of industries and induction motors to
achieve multiple speeds of operation. Moreover, its augmented usage in heavy industries, such as metals
and mining, oil and gas, cement, paper, power generation, wind energy, water and wastewater, and
marine, will result in its massive market share of more than 84% by 2020.
Segmentation by voltage type and analysis of the VFD market
Low voltage
Medium voltage
In this market study, analysts estimate the low voltage VFD segment to account for more than 81% of the
total market share by 2020. Since these drives have high flexibility, they can be configured to meet the
precise requirements of industrial applications. Rapid development in the infrastructure and
manufacturing sectors will lead to the healthy growth of this market segment during the predicted period.
Competitive landscape and key vendors
The global variable frequency drives market is highly fragmented because of the presence of numerous
small and large suppliers. The providers in this market compete on the basis of price, quality, and valueadded services to gain maximum market traction during the forecast period.
Complete Report Available @ http://www.radiantinsights.com/research/global-variable-frequencydrive-market-2016-2020
Key vendors in the market are ABB
Siemens
Toshiba
Yaskawa
Other prominent vendors in the market include American Electric Technologies, Amtech Electronics
India, Emerson, Fuji Electric, Hiconics Drive Technology, Hitachi, Honeywell, Johnson Controls,
Mitsubishi Electric, DELTA, and Schneider Electric.
Key questions answered in the report include
What will the market size and the growth rate be in 2020?
What are the key factors driving the global variable frequency drives market?
Table of Contents
PART 01: Executive summary
Highlights
PART 02: Scope of the report
Market overview
Top vendor offerings
PART 03: Market research methodology
Research methodology
Economic indicators
PART 04: Introduction
Key market highlights
PART 05: Market landscape
Market overview
Market size and forecast
Complete Report Available @ http://www.radiantinsights.com/research/global-variable-frequencydrive-market-2016-2020
Five forces analysis
PART 06: Market segmentation by voltage range
Global VFD market by voltage range
Global low voltage VFD market
Global medium voltage VFD market
PART 07: Market segmentation by product
Global VFD market by product
Global VFD market by AC drives
Global VFD market by DC drives
Global servo VFD market
PART 08: Geographical segmentation
Market segmentation by region
VFD market in APAC
VFD market in EMEA
VFD market in Americas
PART 09: Market drivers
Need for industrial automation
Increased use of VFDs in HVAC systems
Increased energy savings by using VFD
PART 10: Impact of drivers
PART 11: Market challenges
Decline in profit margins
Need to suppress harmonic waves
High initial investment
PART 12: Impact of drivers and challenges
PART 13: Market trends
PART 14: Vendor landscape
Competitive scenario
Other prominent vendors
PART 15: Key vendor analysis
Complete Report Available @ http://www.radiantinsights.com/research/global-variable-frequencydrive-market-2016-2020
ABB
Siemens
Toshiba
Yaskawa Electric
PART 16: Appendix
List of abbreviations
PART 17: Explore Technavio
List of Exhibits
Exhibit 01: Global VFD market overview
Exhibit 02: Global VFD market 2015-2020 ($ billions)
Exhibit 03: Global VFD market by voltage range
Exhibit 04: Global low voltage VFD market 2015-2020 ($ billions)
Exhibit 05: Global medium voltage VFD market 2015-2020 ($ billions)
Exhibit 06: Global VFD market by product 2015-2020
Exhibit 07: Global VFD market by AC drives 2015-2020 ($ billions)
Exhibit 08: Global VFD market by DC drives 2015-2020 ($ billions)
Exhibit 09: Global servo VFD market 2015-2020 ($ billions)
Exhibit 10: Market segmentation by region 2015-2020
Exhibit 11: VFD market in APAC 2015-2020 ($ billions)
Exhibit 12: Vehicle (car, bus, and truck) production in 2013-2014 (millions of units)
Exhibit 13: VFD market in EMEA 2015-2020 ($ billions)
Exhibit 14: VFD market in Americas 2015-2020 ($ billions)
Exhibit 15: Global robotics market 2010-2025 ($ billions)
Exhibit 16: Global HVAC market 2015-2020 ($ billions)
Complete Report Available @ http://www.radiantinsights.com/research/global-variable-frequencydrive-market-2016-2020
Exhibit 17: Impact of drivers
Exhibit 18: Copper price 2014-2015 ($ per tons)
Exhibit 19: Components of VFD
Exhibit 20: Impact of drivers and challenges
Exhibit 21: ABB: Business segmentation by revenue 2014
Exhibit 22: Siemens: Business segmentation by revenue 2014
Exhibit 23: Toshiba: Business segmentation by revenue 2015
Exhibit 24: Yaskawa Electric: Business segmentation by revenue 2015
About Radiant Insights
Radiant Insights is a platform for companies looking to meet their market research and business
intelligence requirements. We assist and facilitate organizations and individuals procure market research
reports, helping them in the decision making process. We have a comprehensive collection of reports,
covering over 40 key industries and a host of micro markets. In addition to over extensive database of
reports, our experienced research coordinators also offer a host of ancillary services such as, research
partnerships/ tie-ups and customized research solutions.
For more information visit, Radiant Insights
Contact Details:
Michelle Thoras
Corporate Sales Specialist, USA
Radiant Insights, Inc
Phone: 1-415-349-0054
Toll Free: 1-888-202-9519